SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
judgment-img

J.D.KAPOOR, RUMNITA MITTAL
Sureka Coated Tubes & Sheets Limited – Appellant
Versus
Citi Bank – Respondent


Advocates:
Counsel for the Parties:
For the Complainant: Nemo.
For the Opp. Parties No. 1:Mr. Shubro Sanyal, Advocate.
For the Opp. Parties No. 2: Nemo.

ORDER

J.D. Kapoor, President—Complainant is a Public Limited Company who purchased a car after taking a loan from O.P. No. 1. The present complaint has been filed as the said car was forcibly taken by O.P. No. 2 and was not returned to the complainant.

2. Case of the complainant, in brief, is that on or about 5th of (sic.) the complainant applied a loan for the purchase of a Premier Padmini Car. The O.Ps. advanced a loan of Rs. 97,243 to be paid by the complainant in 60 equal monthly instalments of Rs 2,525 each and the first instalments for the same was to fall due on 1st of November, 1990. The complainant regularly paid 46 instalments failing due till August, 1994 by 24th August, 1994. The OP No. 2 with the help of some unauthorized local police officer in police uniform physically snatched the car keys from the said Driver and seized the said vehicle No. DL-3CB-0175. O.P. No. 2 fled along with the said vehicle to an unknown destination. That the said vehicle was allegedly seized for the non-payment of an amount of Rs. 82,318.63 p. which inter alia., included Rs. 50,467.10p. on account of the principal besides other charges. The said amount of Rs. 50,467.10 p. included the unpaid a

















Click Here to Read the rest of this document

1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top